NRIs, OCIs do not need RBI's prior nod to buy immovable property in India  except in select cases - The Economic Times

The Definitive Guide for Property Definition - Investopedia

that which an individual owns; the possession or ownerships of a particular owner: They lost all their residential or commercial property in the, land, and so on, considered as possessions: The corporation is a means for the typical ownership of residential or commercial property. a piece of land or real estate: property on Main Street. ownership; right of possession, pleasure, or disposal of anything, especially of something tangible: to have home in land.

a vital or distinct attribute or quality of a thing: the chemical and physical properties of an aspect. Logic. any quality or characteristic. (in Aristotelian reasoning) a quality not vital to a species but constantly gotten in touch with it and with it alone. Also called prop. a normally movable item, besides outfits or surroundings, used on the set of a theater production, movie, etc; any item handled or utilized by a star in a performance.

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a person, especially one under contract in home entertainment or sports, considered having commercial worth: an actor who was a hot property at the time.

property \ pr-pr-t \ 1a a quality or quality belonging and particularly strange to a specific or thing b a result that a things has on another object or on the senses d a characteristic typical to all members of a class 2a something owned or possessed specifically a piece of realty b the exclusive right to have, take pleasure in, and dispose of a thing c something to which a person or organization has a legal title d one (such as a performer) who is under contract and whose work is specifically valuable e a book or script bought for publication or production 3 a post or things utilized in a play or movement image except painted landscapes and costumes.

Some Known Details About property - Wiktionary

What Is Residential or commercial property? Property is a term describing anything that an individual or a company has legal title over, affording owners certain enforceable rights over stated products. Examples of residential or commercial property, which may be tangible or intangible, include automobile cars, industrial equipment, furnishings, and genuine estatethe last of which is typically referred to as "genuine property."  leasing  hold existing or possible monetary value and are for that reason thought about to be properties.